Educational finances

Producer:

Statistics Finland

Data:

Latest release:Current expenditure on the regular education system remained nearly unchanged in 201511 May 2017
According to Statistics Finland, current expenditure on education increased by 0.4 per cent in 2015 compared to the previous year. Current expenditure on education totalled EUR 12.2 billion in 2015. Costs of comprehensive school education made up the biggest share of current expenditure on education. EUR 4.6 billion were used on comprehensive school education in 2015. The shares were next biggest in university education and research, on which EUR 2.3 billion were spent and in vocational education, on which EUR 1.8 were used.

Next release:
9 May 2018

Description:

The statistics on educational finances contain data on the finances and costs of the entire educational system. The data on the costs of education are compiled according to national classifications, as well as according to international classifications and concept definitions, thereby making them internationally comparable and reportable. The data are compiled according to the principles and specifications of the International Standard Classification of Education, ISCED, and the UOE data collection system of international organisations (UNESCO, OECD, Eurostat). Most of the data are obtained from administrative registers. With regard to the educational institutions within the state contribution system of education the data are based on those collected by the National Board of Education and with regard to municipal pre-primary and comprehensive school and upper secondary general education on those collected by Statistics Finland separately in connection with the data collection for statistics on the finances of municipalities for the state contribution system of education. The data on universities derive from the central bookkeeping of the state and from those on the research expenditure of universities collected by Statistics Finland for statistics on science, technology and research. The data on state study aid derive from the Social Insurance Institution’s statistics on student benefits. The data are public.
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